 "US President Donald Trump. Photo: Reuters")
President Donald Trump will order on Friday a comprehensive study to identify every form of “trade abuse” that contributes to US deficits with foreign countries, Commerce Secretary Wilbur Ross said.
Trump also will take steps to toughen enforcement of trade penalties just a day after announcing the date for a meeting with Chinese President Xi Jinping, leader of the country Trump has blamed most frequently for trade deficits and job losses. Ross said the two executive actions weren’t intended as a warning to China.
The trade study, to be completed within 90 days, will examine deficits “country by
Trump also will take steps to toughen enforcement of trade penalties just a day after announcing the date for a meeting with Chinese President Xi Jinping, leader of the country Trump has blamed most frequently for trade deficits and job losses. Ross said the two executive actions weren’t intended as a warning to China.
The trade study, to be completed within 90 days, will examine deficits “country by
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